Matthews Real Estate Investment Services™’s Post

830 Brickell fully leased after New York café secures space, via Erik Bojnansky for the South Florida Business Journal A New York-based, French-inspired cafe chain will open at 830 Brickell its fourth South #Florida location. Maman NYC will open in a 2,590-square-foot ground floor space within the 724-foot-tall #commercial #office tower at 830 Brickell Plaza in the fourth quarter of 2024. Still under construction, #830Brickell is already 100% leased. Its signed #tenants include corporations such as Microsoft and aviation leasing company AerCap, billionaire Ken Griffin's hedge fund Citadel, Spanish bank Santander, Chicago-based private equity fund Thoma Bravo, and #law firms Kirkland & Ellis, Baker McKenzie, Winston & Strawn LLP, and Sidley Austin LLP. Founded in Soho, #NewYork City in 2014 by Benjamin Sormonte and Elisa Marshall, Maman has 31 locations along the East Coast plus Toronto. In September, Brand Urban announced that Maman will open in three South Florida locations: Sentral Wynwood at 51 N.W. 26th St. in Miami, 136 Miracle Mile in Coral Gables, and 477 S. Rosemary Ave. in The Square in West Palm Beach. Confident that South #Florida wouldn't enact severe Covid-19 restrictions, restaurant operators sought space in the tri-county area, brokers have told the Business Journal. That trend continued even after lockdowns ended as more high-income households and businesses flocked to the region. Schwartz Media Strategies OKO Group Cain International Mel Meléndez Brian Gale Ryan Holtzman Andrew Trench

Entering the world of commercial real estate might feel confusing, especially if you're not familiar with all the leasing details. One important thing that might puzzle you is the "rental structure." In simple terms, a rental structure is how the rent for a commercial space is decided and paid. . . . . Rental Structure refers to the way in which the rent for a commercial real estate space is determined and paid. It covers various elements that dictate not only the amount of rent but also how it may change over time. Understanding the rental structure is crucial for tenants to make informed decisions and ensure a transparent and fair leasing arrangement. . . . . Imagine a restaurant leasing a space in a bustling downtown area. The lease agreement stipulates a fixed rent for the initial two years, providing stability for the restaurant's launch phase. Following this period, there's a reasonable annual increase, allowing the restaurant to manage operational costs, budget for potential expansions, and strategically plan for evolving business needs in the competitive restaurant industry. . . . . It's crucial for anyone getting into commercial real estate to know about the Rental Structure. By understanding how rent is determined and paid, tenants can confidently navigate the leasing process. This knowledge helps ensure a fair and clear agreement that suits their business goals and financial situation. #LeasingInsights #CommercialRealEstate #AlbertaLeasing #TenantTips #LeaseBusiness #CommercialLease

🛍️✨ Retail Building Ownership Chronicles! 🏬 Whether it's a cozy boutique or a bustling shopping center, owning a retail property is a journey filled with unique stories. Share your experiences or aspirations as a retail building owner below! 👩💼🛒 #RetailOwnership #RealEstateInvesting #ShopOwnersUnite

🏢 Introducing our latest project: A prime 1.13-acre development featuring a convenience store and a QSR restaurant in a high-traffic location. This is your chance to invest in a dynamic property poised for success. 📈 With strategic positioning and strong tenant anchors, this project promises attractive returns and long-term growth potential in the booming commercial real estate sector. 🔍 Don’t miss out on this opportunity to be part of a lucrative venture. Reach out today to learn more about how you can invest in the future of commercial real estate! #CommercialRealEstate #InvestmentOpportunity #RealEstateInvesting #QSR #ConvenienceStore #PropertyDevelopment

“It’s a trap!” 🪤 When a prospective commercial tenant won’t do longer than a one year lease, just remember what Admiral Ackbar said in Return Of The Jedi. You don’t want to partner with tenants that aren’t burning the boat 🛥️ 🔥 Also remember what Master Yoda said: “Do or do not. There is no ‘try’” Same thing with tenants wanting to “try” a business. If they want to try. I firmly believe people can build a million dollar business out of their basement, garage or dining room table (as in my case) They aren’t committed enough to get through the adversity of the first year in business and I guarantee will leave at the end of one year. Either that or if they do make it, will never renew their lease for more than a year at a time. The only exceptions to this rule is if you are trying to rapidly lease up a largely vacant property to stave off cash burn or if you are leasing an “executive office” Otherwise, be patient in leasing up commercial space. Tenants that sign longer term leases will usually sign for longer term renewals AND be more likely to renew. This is important. Retention is where you make your money 💰 #realestateinvestor #realestateinvesting #commercialrealestate #biggerpockets #realestate

Fitzroys' Mark Talbot and Lewis Waddell have sold this superb, perfectly-located freehold in prestigious Toorak Village in a sensational result, with the sale price coming in at $500,000 above the reserve and on a stunning 1.8% net yield. “This was an incredibly bold demonstration from the market that income-producing bricks-and-mortar assets along #Melbourne’s shopping strips are considered a safe investment option, particularly at a time of sharemarket and residential market volatility.” - Mark Talbot. #melbournerealestate #melbourneproperty #commercialrealestate #cre #commercialproperty #retail #retailproperty #propertyinvestment #investmentproperty

Often times tenants are unaware they can still sell their business or assets with little term left on their lease leading to a scenario where the keys are handed back to the landlord. Or, tenants agree to new rental rates without knowing what the market rents might be for their area. Check out our blog post (there’s a link in the bio) to learn more about if a sale is right for you. #hospitality #restaurant #leasing #broker #restaurantforsale #businessforsale

A commercial property with character can appeal to potential tenants who are looking for something unique and distinctive. This is especially true for retail outlets, where a building with character can help create a brand identity and attract more customers. For example, a restaurant can benefit from a unique frontage that catches the eye of passersby and invites them to try something new. By adding character to your commercial property, you can increase its value and attractiveness. You can also attract more tenants who are looking for a commercial space that reflects their personality and vision. If you would like some insight on the best commercial property investment opportunities in 2023, visit the link below. https://lnkd.in/gr5vUQtY #commercialproperty #realestate #propertyinvestment #investment #property #commercial #commercialrealestate #realestateinvesting #positivecashflow #passiveincome #commercialpropertyeducation #unikornproperty

Catch up on our on-demand webinars 💻 This webinar in conjunction with Trinity Chambers explores the challenges and opportunities for commercial, leisure and retail landlords and tenants. https://buff.ly/43D8se3 #OnDemand #Webinars #Retail #CommercialProperty #LeisureProperty #Landlords #Tenants

A few years ago, I invested in a ground-up shopping center development project nearby. I liked the sponsor's track record, wanted to diversify, had some patient capital, did my due diligence, and believed the project would be successful. As I do with my investors... I encouraged Sam A. and Evan Dyer to be sure to communicate regular updates on the progress. So... here is a great example of that: "We are pleased to provide you the following update regarding your investment in The Shops at New Hope. Project Status: The building shell is now fully completed. We have turned the spaces over to tenants to commence their interior build outs. The center looks great, please see attached pictures for reference. Construction/Development Status: Now that tenants have taken possession of their respective spaces, interior buildouts have commenced which we anticipate to take 120 - 150 days to complete. Leasing/Marketing Status: : The updated marketing flyer is attached. We are at 57% leased at this point, which is on track with our original expectations for leasing activity for this stage of development. Gross Leasable Area (GLA): 20,744 SF Fully Executed Leases: Rock Liquor - 2,735 SF Kris Sandwiches - 1,545 SF The UPS Store - 1,400 SF Mini Grocer - 2,588 SF Mojos Coffee - 1,722 SF Dentist - 2,000 SF In Negotiations:" (Several deals in various stages of LOI are detailed... however, keeping that part confidential for now). Meanwhile....I help accredited investors find great CRE opportunities to invest in. Some are developments, but most are already cash-flowing passive income NNN properties. Follow Rooster Equity Partners for more private offerings or join our investor club at www.roosterequity.com #passiveincome #commercialrealestate #nnn #accreditedinvestors #austinrealestate GiGi Gomel